1933 BroadwayLos Angeles, CA 90007

Property Details for 1933 Broadway

Year built

1957

Construction

CONCRETE

Lot size

2.13 AC

Property size (Sq ft)

845,043 SF

Zone code

LAM1

Property type

Office buildings

APN

5126-031-012

APU

5126031012

Description

The Reef, located at 1933 S Broadway in Los Angeles, CA 90007, offers 800,000 square feet of prime creative office space. This multi-tenant building boasts a significant amount of immediately available space, with 134,000 contiguous square feet currently vacant. Units are divisible down to a minimum of 477 square feet, providing flexibility for businesses of all sizes. The property is ideally suited for creative industries, offering a modern and adaptable workspace. Ample parking is available with 1,100 spaces provided for tenants and visitors. The building is situated in Los Angeles County and offers easy access to major transportation routes, making it a convenient location for employees and clients alike. This exceptional opportunity allows businesses to secure a substantial footprint in a vibrant Los Angeles neighborhood. With a range of space options from smaller, efficient units to large, contiguous blocks, The Reef caters to diverse business needs. The building's location in Los Angeles, combined with its extensive amenities and flexible space options, makes it an attractive proposition for companies seeking a dynamic and productive work environment. Contact us today to learn more about leasing opportunities at The Reef.

• CAP approach

  CAP return

  Valuation

  6%

  $244,842,624

  6.5%

  $226,008,576

  7%

  $209,865,104

• Comparable approach

  Method

  Valuation

  Relative Method

  $160,693,376

  Geo Method

  $160,693,376

• Alternative Use

  Use

  Valuation

  Residential

  $280,250,624

  Hospitality

  $256,708,080

  Educational

  $213,578,096

  Medical

  $220,923,376

  Retail

  $332,232,608

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.5717

Longitude

-117.788

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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